General Surgery Coding Alert - 2014 Issue 1
Part B Payment: 3 FAQs About 2014 Medicare Payments Help You Collect
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Article Overview
This article reviews several 2014 Medicare Part B payment and transition issues that could affect physician practices. It covers the temporary conversion factor change, continued sequestration effects, and the status of ICD-10 implementation and testing preparation. The discussion is aimed at practices and billing professionals monitoring Medicare reimbursement and compliance changes.
Why This Topic Matters
These payment updates can affect Medicare reimbursement, operational planning, and readiness for upcoming federal coding changes. The article helps readers track what changed, what did not change, and what actions were being encouraged during the transition period.
Article Sections
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Introduction
An overview of the Medicare Part B payment topics addressed in the article and why the year’s regulatory changes matter to practices.
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Question 1: Conversion factor update
A discussion of the temporary Medicare payment update and the timing of the revised Part B conversion factor for 2014.
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Question 2: Sequestration cuts
An explanation of the status of Medicare sequestration reductions and the broader policy timeline affecting payment adjustments.
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Question 3: Meaningful Use and ICD-10 timing
A review of the relationship between Meaningful Use timing and ICD-10 implementation, including CMS testing preparation for practices.
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What you can do
Practical preparation-related information about ICD-10 testing opportunities and the reporting process for participating practices.
What You Will Learn
- How 2014 Medicare Part B payment changes were described for physician practices
- What the article says about the duration of sequestration-related payment effects
- How the article frames ICD-10 timing in relation to Meaningful Use updates
- What types of CMS testing support were being offered for ICD-10 readiness
Who Should Read This
- Physician practices
- Medical coders
- Billing staff
- Practice managers
- Revenue cycle professionals
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